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  From automated invoicing and repayment collections to taking care of danger as well as  supplying a secure, protected customer experience, electronic repayment options include  worth in the post-COVID environment as well as beyond. Worldwide, consumer demand for contactless settlements has skyrocketed, and research  indicates that virtually one in three U.S. consumers pick contactless payments as their  recommended technique of repayment. The dramatic rise in contactless repayments throughout the Nigerian economic situation  provides an opportunity for local businesses to not just satisfy client needs yet to benefit  from the many advantages of embracing electronic repayment approaches, consisting of  providing a secure, safe and secure settlement experience for their consumers. Despite the dimension or extent of your company, if you're declining  online payment  services , you're losing out on substantial profits. Today, on the internet, sales are greater  than regular-- the

  Domestic and international payments in Africa weren’t as efficient as they have been in recent years. Individuals and businesses in Africa experienced several bottlenecks when it came to remittances and international transfers. Few decades back, people had to deal with loads of cash movement due to limited access to digital financial services. Banks had limited offices and could only cater to a limited number of people each working day. Mobile payments was only a dream as the majority of Africans didn't have access to a mobile phone at that time.  But all that has changed, many thanks to the technology boom and global e-commerce, and cashless policy. Payments have become more seamless and are simpler today than ever before. From online banking to  cross-border payment  solutions, and down to digital payment platforms, there's just a whole lot of options to choose from when it comes to payments.   With that said, let's take a look at how payment has transformed in Africa,